Buying a Car Through a Limited Company: Is It Worth It?
Автор: Taxd
Загружено: 2026-03-17
Просмотров: 12
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Buying a car through a limited company is often seen as a tax-efficient move, but is it really?
In this video, Eamon breaks down the reality behind company cars and explains why they can sometimes cost more than owning a vehicle personally. Learn how Benefit in Kind (BIK) works, how it’s calculated, and why even minimal personal use can trigger significant tax charges.
Using a real-world example, Eamon also shows how the combined cost of lease payments and personal tax can quickly add up to far more than expected.
If you’re considering buying a car through your company, this is what you need to know first.
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